Public saving is T - G, while private saving is Y - T - C
a. True
b. False
Indicate whether the statement is true or false
True
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Changes in a currency's exchange rate adjust immediately to insure that
A) official settlements account parity always prevails. B) net exports always equal zero. C) interest rate parity always prevails. D) current account balance equals zero. E) purchasing power parity always prevails.
A movement along the bond demand or supply curve occurs when ________ changes
A) bond price B) income C) wealth D) expected return
Jason is a salesman who gets 40 percent of the revenue he generates for his company. This is an example of payment by _____
a. piece rent b. fixed salary c. executive compensation d. share contract
A stock bubble exists when the price of a stock is greater than the discounted value of its expected future dividends.
Answer the following statement true (T) or false (F)